How does Porter's model of national competitive advantage differ from the Heckscher-Ohlin theory?
A) It looks more closely at the quality of factor endowments.
B) It examines only a country's imports.
C) It examines only a country's exports.
D) It does not encourage trade.
E) It does not explain why there are "winners" and "losers" in international trade.
Correct Answer:
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